December 14 Morning Bitcoin and Ethereum Trading Recommendations and Outlook

Bear market tempering patience, bull market testing structure. When you learn to dance with volatility and patiently wait for cycles, the experiences gained through dark nights will eventually illuminate the path to wealth at some turning point.

The entire Saturday market showed little movement, remaining in a narrow oscillation. Therefore, I haven’t analyzed too much and will share the current situation:

From the current chart, the 4-hour timeframe shows that the price continues to trade within the mid and lower bands of the Bollinger bands. Currently, the pattern is dominated by bullish candles, indicating a slightly stronger oscillation trend. The three moving averages are continuously declining, showing a downward trend. The short-term direction is approaching a decision point.

On the 1-hour chart, the Bollinger band is converging. After the previous dip below 89,880, it quickly recovered, emphasizing strong support below. The KDJ indicator values are around 30, indicating the market is in an oversold state, which may lead to a short-term reversal upward. Currently, the chart shows a trend of consecutive bullish candles, suggesting short-term strength.

In terms of operation, it is recommended to continue with the previous strategy: focus on long positions as long as support points are not broken.

For Bitcoin, buy near 90,000 to 89,500, with attention to 92,500.
For Ethereum, buy near 3100 to 3170, with attention to 3200.